PIPE Transactions

PIPE Transactions

As public companies look for additional liquidity in the wake of the COVID-19 pandemic, some are exploring “PIPE” transactions —or private investment in public equity. These transactions, in which a public company issues equity or convertible debt to investors in a private placement, raise a host of considerations, including shareholder approval, antitrust considerations and governance rights.
 
S&C’s multi-disciplinary teams—including our premier Capital Markets, Finance & Restructuring, M&A and Corporate Governance Groups—have deep experience steering clients through these transactions. We have advised accredited investors, issuers and placement agents on numerous PIPE transactions spanning the entire range of financial products, including common stock, convertible preferred stock, convertible debt and warrants.
 
Our recent publications and discussions on this topic include:

Find out more about our Capital Markets practice here.

More COVID-19 materials are available at our Resource Page.